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20121201
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from our studios in new york city, this is charlie rose. >> rose: george osborne is here. he is britain's chancellor of the exchequer. he has been called the austerity chancellor. he continues to lead the increasingly controversial austerity process. in a piece called "god sieve the british economy" in the upcoming "new york times" magazine adam davidson writes "in the past two years the united states has experienced a steep downturn followed by steady though horrendously slow upturn. the british economy, however, is profoundly stuck. the u.k. has been put on negative watch on three largest credit rating agencies. the european union is britain's largest trading partner, europe's economy remains on prepares you footing despite several months of relative calm and there's a growing debate about whether the u.k. should lead the e.u. earlier this month we covered the "economist" magazine read "good-bye europe, look what happened when britain left the e.u. " i'm pleased to have george osborne back on this program and back at this table. >> thank you very much. >> rose: you're in new york city
qol captioning sponsored by rose communications from our studios in new york city, this is charlie rose. . >> rose: we're in washington where fiscal cliff negotiations continue. as we taped this program it is 5:30 p.m. the house of representatives is expected to vote on the republican plan b later it this evening. house majority leader eric cantor urged democrats to support the bill which extends the bush tax cuts on income over 1 million. >> we house republicans are taking concrete actions to avoid the fiscal cliff. absent a balanced offer from the president, this is our nation's best option. and senate democrats should take up both of these measures immediately. and the president has a decision to make. he can support these measures or be responsible for reckless spending and the largest tax hike in american history. >> rose: the white house has pledged to veto plan b as 2012 comes to a close it remains to be seen whether law lakers will rise above partisanship or avert fiscal crisis. joining me al hunt and july yana goldman. we want to talk about the fiscal cliff. we want to tal
rose was provided by the captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: we begin tonight with an assessment of the u.s. and global economy, all eyes remain on efforts to avoid the fiscal cliff deadline on january 1st, when automatic spending cuts and tax increases are set to take hold. there is growing optimism on capitol hill that a deal could come soon, yesterday president obama said he would be willing to lower his revenue goal and tax increases at 400,000 instead of 250,000 per household. >> john boehner said he developed a backup plan to avert year-end tax increases if the negotiations with president obama stalls, this occurs in the backdrop of an economic that is bettering on housing and employment data, the global economy continues fragile with the european debt crisis and china i in in. >> rogoff is a professor of public policy and economics at harvard, he is a coauthor of the best selling book, this time is different, eight centuries of financial folly, many consider it to be the authoritative text on the impact of
Search Results 0 to 4 of about 5 (some duplicates have been removed)